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Ratings Report

Ratings Report

Peringkat Kredit adalah opini PEFINDO atas kelayakan kredit atas suatu obligor, atau kelayakan kredit obligor terkait suatu surat utang atau kewajiban keuangan lainnya.

Ratings Report

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Perusahaan Pengelola Aset

(PPAP)

Corporate Rating/Outlook idAA Stable Updated on 27 Mar 2025

Press Release

To
Release Date Title
29 Oct 2019 PT PPA rated "idA" with stable outlook
30 Oct 2019 Peringkat PT PPA (Persero) ditetapkan di "idA" dengan prospek stabil
12 Nov 2019 PPA's MTN rated "idA"
3 Dec 2019 PPA's SBK rated "idA1" and its MTN rated "idA"
26 Mar 2020 PPA's rating affirmed at "idA"
4 Sep 2020 PPA's rating affirmed at "idA"
1 Oct 2020 PPA's maturing SBK I/2019 short-term rating affirmed at "idA1"
12 Mar 2021 PPA's rating affirmed at "idA"
30 Mar 2021 Outlook "positive" for PPA, rating affirmed at "idA"
9 Sep 2021 PPA's maturing MTN affirmed at "idA"
10 Dec 2021 PPA's rating raised to "idAA" as the holding establishment signals progress toward NAMCO
14 Mar 2022 PPA's rating affirmed at "idAA"
27 Jun 2022 PEFINDO has affirmed its "idAA" ratings to PT Perusahaan Pengelola Aset (Persero) (PPA) and its Bond I/2020, as well as its Medium-Term Notes (MTN) I/2019
27 Jul 2022 PEFINDO has affirmed its "idAA" ratings to PT Perusahaan Pengelola Aset (Persero) (PPA), its Bond I/2020 and Medium-Term Notes (MTN) I/2019.
9 Sep 2022 PEFINDO has affirmed its "idAA" ratings to PT Perusahaan Pengelola Aset (Persero) (PPA), its maturing Medium-Term Notes (MTN) I/2019 Serie B of IDR450 billion, which is maturing on November 8, 2022
26 Oct 2022 PEFINDO has affirmed its "idAA" ratings to PT Perusahaan Pengelola Aset (PPA), its Bond I/2020 and Medium-Term Notes (MTN) I/2019
28 Oct 2022 PEFINDO has affirmed its "idAA" ratings to PT Perusahaan Pengelola Aset (PPA), its Bond I/2020 and Medium-Term Notes (MTN) I/2019, as well as its "idAA(sy)" ratings for Sukuk Wakalah Al Bi Istitsmar 1 and 2
8 Nov 2022 PEFINDO has withdrawn the rating of MTN I Perusahaan Pengelola Aset Tahun 2019 Seri B based on the full repayment of the debt instrument
4 Jul 2023 PEFINDO has affirmed its “idAA” rating to PT Perusahaan Pengelola Aset (PPA)’s maturing Bond I/2020 Serie A of IDR100 billion, due on 1 September 2023.
1 Sep 2023 With the full repayment of Obligasi I Perusahaan Pengelola Aset Tahun 2020 Seri A issued by PT Perusahaan Pengelola Aset on September 1, 2023, PEFINDO has withdrawn the rating of the debt instrument
8 Sep 2023 PEFINDO has affirmed its idAA ratings to PT Perusahaan Pengelola Aset (PPA) and its outstanding Bond I/2022, its idAA(sy) rating to PPA’s outstanding Sukuk, as well as its idA1+ rating to the Company’s Surat Berharga Komersial (SBK) II/2022
4 Oct 2023 PEFINDO has affirmed its idAA ratings to PT Perusahaan Pengelola Aset (PPA) and its outstanding Bond I/2020, its idAA(sy) rating to PPA’s outstanding Sukuk, as well as its idA1+ rating to the Company’s Surat Berharga Komersial (SBK) II/2022
13 Dec 2023 With the full repayment of SBK II PT Perusahaan Pengelola Aset 2022 on December 13, 2023, PEFINDO has withdrawn the rating of the debt instrument
17 Jan 2024 PEFINDO has assigned idA1+ rating to the Company’s Surat Berharga Komersial (SBK) Berkelanjutan I/2023
3 Oct 2024 PT Perusahaan Pengelola Aset (PPA)’s Surat Berharga Komersial Berkelanjutan I Phase I 2023 (rated idA1+) of IDR200.0 billion will mature on January 15, 2025
7 Oct 2024 PEFINDO has affirmed its idAA ratings to PT Perusahaan Pengelola Aset (PPA) and its outstanding bonds, its idAA(sy) rating to PPA’s outstanding sukuk, as well as its idA1+ rating to the Company’s Surat Berharga Komersial Berkelanjutan I 2023
15 Jan 2025 With the full repayment of SBK Berkelanjutan I PT Perusahaan Pengelola Aset Tahap I Tahun 2023 on January 15, 2025, issued by PT Perusahaan Pengelola Aset, PEFINDO has withdrawn the rating of the debt instrument
27 Mar 2025 PEFINDO has affirmed its idAA ratings to PT Perusahaan Pengelola Aset (PPA) and its outstanding bonds, its idAA(sy) rating to PPA’s outstanding sukuk
7 Jul 2025 PT Perusahaan Pengelola Aset’s Bond I Year 2020 Serie B (rated idAA) of IDR345.0 billion will be due on September 1, 2025
8 Jul 2025 PT Perusahaan Pengelola Aset has fully repaid its Obligasi II Perusahaan Pengelola Aset Tahun 2022 Seri A
1 Sep 2025 PT Perusahaan Pengelola Aset has fully repaid its Obligasi I Perusahaan Pengelola Aset Tahun 2020 Seri B

Rating Rationale

To
Release Date Title
29 Oct 2019 PT PPA rated "idA" with stable outlook
12 Nov 2019 PPA's MTN rated "idA"
3 Dec 2019 PPA's SBK rated "idA1" and its MTN rated "idA"
26 Mar 2020 PPA's rating affirmed at "idA"
4 Sep 2020 PPA's rating affirmed at "idA"
30 Mar 2021 Outlook "positive" for PPA, rating affirmed at "idA"
10 Dec 2021 PPA's rating raised to "idAA" as the holding establishment signals progress toward NAMCO
14 Mar 2022 PPA's rating affirmed at "idAA"
1 Jul 2022 PEFINDO has affirmed its "idAA" ratings to PT Perusahaan Pengelola Aset (Persero) (PPA) and its Bond I/2020, as well as its Medium-Term Notes (MTN) I/2019. The outlook for the corporate rating is "stable"
26 Oct 2022 PEFINDO has affirmed its "idAA" ratings to PT Perusahaan Pengelola Aset (PPA), its Bond I/2020 and Medium-Term Notes (MTN) I/2019
28 Oct 2022 PEFINDO has affirmed its "idAA" ratings to PT Perusahaan Pengelola Aset (PPA), its Bond I/2020 and Medium-Term Notes (MTN) I/2019, as well as its "idAA(sy)" ratings for Sukuk Wakalah Al Bi Istitsmar 1 and 2
30 Oct 2023 PEFINDO has affirmed its idAA ratings to PT Perusahaan Pengelola Aset (PPA) and its outstanding Bond I/2020, its idAA(sy) rating to PPA’s outstanding Sukuk, as well as its idA1+ rating to the Company’s Surat Berharga Komersial (SBK) II/2022
17 Jan 2024 PEFINDO has assigned idA1+ rating to the Company’s Surat Berharga Komersial (SBK) Berkelanjutan I/2023
24 Oct 2024 PEFINDO has affirmed its idAA ratings to PT Perusahaan Pengelola Aset (PPA) and its outstanding bonds, its idAA(sy) rating to PPA’s outstanding sukuk, as well as its idA1+ rating to the Company’s Surat Berharga Komersial Berkelanjutan I 2023
24 Apr 2025 PEFINDO has affirmed its idAA ratings to PT Perusahaan Pengelola Aset (PPA) and its outstanding bonds, its idAA(sy) rating to PPA’s outstanding sukuk